Industrial Valves Market Size

Industrial Valves Market size is poised to reach USD 124 Billion by the end of 2035, growing at a CAGR of 4.6% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of industrial valves was over USD 72 Billion. The need for industrial valves has risen recently as a result of the world's rapid industrialization. The flow of materials across key sectors may be easily and affordably controlled with the help of these industrial valves.

Additionally, the growing use of industrial valves in wastewater treatment facilities, sewage pumping, and numerous other applications will support the expansion of the industrial valves market globally. High-income nations treat, on average, 70% of the wastewater they produce,